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Pakistan's KSE-100 fell 2,314 points on Monday to close at 179,927 as US-Iran strikes near the Strait of Hormuz pushed oil prices up over three percent and triggered broad selling. The sell-off came despite stable domestic fundamentals, with refinery stocks the lone bright spot on policy upgrade expectations.
Pakistan's KSE-100 fell 1,742 points on Monday to close at 172,196.70, reversing part of last week's 4% gain as uncertainty over US-Iran talks in Islamabad and renewed Middle East tensions weighed on sentiment. The move underscores the index's sensitivity to geopolitical risk through the oil-price and monetary-policy
Tag
Pakistan's KSE-100 fell 2,314 points on Monday to close at 179,927 as US-Iran strikes near the Strait of Hormuz pushed oil prices up over three percent and triggered broad selling. The sell-off came despite stable domestic fundamentals, with refinery stocks the lone bright spot on policy upgrade expectations.
1mo ago · 4 min · Markets
Pakistan's KSE-100 fell 1,742 points on Monday to close at 172,196.70, reversing part of last week's 4% gain as uncertainty over US-Iran talks in Islamabad and renewed Middle East tensions weighed on sentiment. The move underscores the index's sensitivity to geopolitical risk through the oil-price and monetary-policy
4mo ago · 1 min · Markets
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